Why is there a direct-materials inventory account but no direct-labor inventory account on a manufacturing companys balance

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Why is there a direct-materials inventory account but no direct-labor inventory account on a manufacturing company’s balance sheet?

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Introduction To Management Accounting

ISBN: 9781292412566

17th Edition, Global Edition

Authors: Charles Horngren, Gary L Sundem, Dave Burgstahler

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Question Posted: Apr 26, 2023 08:00 AM

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Why is there a direct-materials inventory account but no direct-labor inventory account on a manufacturing companys balance

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ANSWER Direct materials inventory refers to the raw materials or components that a manufa...View the full answer

Introduction To Management Accounting

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